Side Loans News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Film >> i actually have. that you wanna play? it >> absolutely! >> play. it >> within my district i have senior citizens living on fixed incomes. 76 years old. still paying on student loans. it's an economic issue, a justice issue. and women disproportionately bear the burden. and black student wars are five times more likely to default on the loans than our white peers. so, it is a racial justice issue. >> yeah, i mean i was just gonna say. there are people who have, are paying down student loans while they should be getting social security. and this is crazy. most people know this. you can h...

What is shadow banking? >> well, it means bank do sufficient off their balance sheet that is not readily transparent to regulators or even the general public. jenna: so in their accounting, it's not necessarily accounted for. >> the regulars don't see it. it's side loans, they set up subsidiaries. enron had whole shadow corporation what they financed themself concern where they fitnessed themself off balance sheet, and the company blew up. shadow banking's probably not a good thing. some of it is good because it helps provide some sort of credit, people can borrow money more readily, but the r...